NYSE$ENVA

Enova International Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Enova's revenue increased by 25% year-over-year, with diluted earnings per share at $1.56 and adjusted earnings per share at $1.79.

Enova International reported strong first quarter results with a 25% increase in total revenue to $483 million. The company's diluted earnings per share was $1.56, and adjusted earnings per share was $1.79. Enova's balanced approach to growth and strong profitability enabled them to navigate the current macroeconomic challenges successfully.

  • Total revenue increased 25% year-over-year to $483 million.
  • Diluted earnings per share were reported at $1.56.
  • Adjusted earnings per share reached $1.79.
  • Combined loans and finance receivables increased 28% year-over-year to $2.8 billion.

Headline financials

Total Revenue

$483M

Previous: $386M+25.3%
EPS (adj)

$1.79

Previous: $1.67+7.2%
Net revenue margin

59.0%

Previous: 69.7%-15.4%
Free Cash Flow

$50.9M

Previous: $52.4M-2.9%
Net Income

$50.9M

Previous: $52.4M-2.9%
Operating Income

$109M

Previous: $90.7M+20.4%
Gross Profit

$286M

Previous: $269M+6.4%
Cash & Equivalents

$97.7M

Previous: $132M-25.8%
Total Assets

$3.85B

Previous: $3.05B+26.2%
Stock-Based Comp

$5.97M

Previous: $5.37M+11.2%

Revenue & EPS history

Enova · Revenue · Quarterly

$483M

Q1 2023+25.3%vs Q1 2022
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

Enova · $203M total across 1 segment · Q3 2020

  • Company owned revenue
    $203M-21.5%

Forward guidance

Enova expects growth on both top and bottom line in 2023 compared to 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+2.6%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+4.9%

Avg return

30 days after

59%

30 / 51 earnings

Positive

+30.7%

Q1 2018

Best reaction

-20.9%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.6%-0.5%-7.0%
Q4 2025+0.3%+9.3%-11.8%
Q3 2025+10.1%+6.4%+8.9%
Q2 2025-2.8%-2.2%+4.6%
Q1 2025-7.8%-6.0%-6.9%
Q4 2024+1.6%+0.7%-19.0%
Q3 2024+2.3%-0.7%+18.4%
Q2 2024+5.5%+11.3%+12.1%
Q1 2024+3.8%+3.3%-3.7%
Q4 2023-7.7%-8.5%+7.2%
Q3 2023-20.9%-12.9%-11.4%
Q2 2023-1.2%-3.7%-11.0%
Q1 2023-14.3%-9.6%-4.6%
Q4 2022+14.9%+13.1%+10.8%
Q3 2022+15.9%+18.8%+23.7%
Q2 2022+2.1%-1.2%+6.7%
Q1 2022-0.4%-11.6%-16.8%
Q4 2021+5.7%+17.7%-0.3%
Q3 2021+4.5%+12.7%+25.3%
Q2 2021+2.6%-0.2%+4.5%
Q1 2021-4.1%-2.2%+6.1%
Q4 2020+16.4%+20.1%+45.9%
Q3 2020-1.1%-9.4%+30.8%
Q2 2020+11.9%+17.4%+25.4%
Q1 2020+21.8%-6.9%-2.7%
Q4 2019+10.8%-13.4%-20.5%
Q3 2019+8.5%+13.6%+7.4%
Q2 2019+11.6%+20.4%+6.9%
Q1 2019+17.8%+6.6%-11.4%
Q4 2018+2.8%+2.8%+7.6%
Q3 2018+7.8%+10.5%-3.1%
Q2 2018-15.8%-17.1%-5.3%
Q1 2018+30.7%+34.5%+44.8%
Q4 2017+13.1%+9.8%+22.6%
Q3 2017+3.1%+3.8%+4.5%
Q2 2017-7.3%-11.4%-27.4%
Q1 2017-3.1%+0.7%-8.5%
Q4 2016+6.7%+2.5%-2.1%
Q3 2016+6.2%+3.4%+33.1%
Q2 2016-1.0%+0.3%+11.8%
Q1 2016-2.6%
Q4 2015-2.3%
Q3 2015-8.3%
Q2 2015-8.7%
Q1 2014-2.6%
Q1 2015+2.6%
Q2 2014+5.7%
Q4 2012+5.7%
Q4 2014+5.7%
Q3 2014-5.2%
Q4 2013-5.2%
Q3 2013
Q2 2013
Q1 2013
Q4 2011
Q3 2011
Q4 2010
Q3 2010

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